Small iPhone fans, rejoice! Apple has finally updated its 4-inch iPhone for the first time since the iPhone 5s in 2013. Dubbed the iPhone SE, Apple’s 2016 4-inch iPhone could pass for the iPhone 5s if you weren’t looking too close (save for the rose gold version), but how does it compare to its predecessor as well as the rest of the current iPhone lineup? We break it down below:

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With the 2013 5s dropped from the lineup, Apple’s current iPhone offering consists of the iPhone 6s Plus, iPhone 6s, iPhone 6 Plus, iPhone 6, and now the iPhone SE. The screen-size options remains unchanged: 4-inches, 4.7-inches, and 5.5-inches.

But small, medium, and large doesn’t necessarily equal good, better, and best in this equation regardless of which screen size you prefer. The cheaper iPhone SE may have the best battery life, the iPhone 6s and 6s Plus have 3D Touch and the best cameras, but the iPhone SE has a better back camera than the iPhone 6 and 6 Plus.

Simply put, it’s complicated. The best iPhone to recommend is no longer the latest iPhone — at least for the next six months — as budget and which specs are important to each customer is now worth considering more than ever.

Price

Before this week’s Apple event, the 2013 iPhone 5s was being sold in 16GB and 32GB configurations for $450 and $500, respectively. Keep in mind that was for 2.5 year old specs. The iPhone SE is being sold in 16GB and 64GB configurations for $400 and $500 with mostly-iPhone 6s specs (with a few exceptions), so you’re getting better hardware for less money at 16GB and more storage for the same price at 64GB.

The next cheapest iPhone, which I’d argue shouldn’t exist in the lineup, is the 2014 iPhone 6 at $550 with 16GB but a slower processor and weaker camera than the iPhone SE and iPhone 6s. Spend $650 and you can decide between the iPhone 6 at 64GB, the iPhone 6 Plus at 16GB, or the iPhone 6s at 16GB. For very similar specs, the $400 iPhone SE is a pretty competitive offer next to the $650 iPhone 6s.

But if the iPhone SE price stays the same in September when Apple likely introduces the iPhone 7, the spec gap for the $250 difference would make more sense. So would the lineup if it only consisted of the iPhone SE, iPhone 6s/Plus, and iPhone 7/Plus.

Camera

Apple’s choice of cameras for the iPhone SE is also very interesting. The rear iSight camera is spec’d out across the board just like the iPhone 6s camera, which is superior to the iPhone 6 camera. We’re talking about 12-megapixels versus 8-megapixels, the same ƒ/2.2 aperture, improved local tone mapping, improved noise reduction, 63-megapixel panoramas versus 43-megapixels, and the ability to shoot Live Photos. Despite being a thicker iPhone, Apple is still saving optical image stabilization, or OIS, for the Plus-sized iPhones.

Video recording is also impressive with 4K capture at 30 fps on the iPhone SE and iPhone 6s/Plus versus a maximum 1080p video capture at 60 fps on the iPhone 6/Plus. Slow-mo video on the iPhone SE and iPhone 6s/Plus can be captured at 240 fps, whereas the iPhone 6/Plus maxes out at 120 fps. The iPhone SE and iPhone 6s/Plus can take 8-megapixel still photos during video recording, while the iPhone 6/Plus captures lower resolution still photos during video. OIS for video is only offered on the iPhone 6s Plus.

Since the 4-inch iPhone has a thicker design than the 4.7-inch and 5.5-inch iPhones, the iPhone SE is the only modern iPhone without a protruding camera bump for fans of flush lenses.

For selfie fans, the iPhone 6s and 6s Plus offer the best cameras. Apple’s flagship iPhones feature 5-megapixel FaceTime cameras while the rest of the iPhone family offers much lower spec’d 1.2-megapixel cameras. The iPhone 6 and iPhone 6 Plus both beat the iPhone SE’s aperture at ƒ/2.2 aperture versus ƒ/2.4 aperture (like golf, lower is better) which is what the iPhone 5s had, but the iPhone SE offers the same Retina Flash feature that the iPhone 6s and 6s Plus introduced. This illuminates the iPhone display to 3x brightness to make selfies in the dark possible. I’m a huge selfie fan, but even I’m not sure a better front-facing camera is worth $250.

Battery

The iPhone SE doesn’t hit stores until March 31 so we haven’t tested this yet, but in theory and on (Apple’s) paper the new 4-inch iPhone should best the 4.7-inch and 5.5-inch iPhones in battery life in at least one area. Previously, the larger Plus-sized iPhones were the best models for battery life thanks to room for higher capacity batteries. The idea with the iPhone SE is that the more powerful A9 chip is just way more energy efficient than the A7 chip from 2013, but the iPhone SE uses the same design (and likely same battery capacity) as the iPhone 5s (and has fewer on-screen pixels to drive). Apple doesn’t disclose battery capacities, so we’ll have to wait for the tear downs to see inside, but this is what Apple promises on “up to” battery life for each iPhone:

Go 5.5-inch if you want overall best battery life, but 4-inch if you value an extra hour of LTE and Wi-Fi Internet use, and consider a battery case if you prefer the 4.7-inch iPhone.

Storage

Apple’s current iPhone lineup offers 16GB and 64GB models across the board with $100 in between each capacity jump. Only the iPhone 6s and iPhone 6s Plus offer the higher 128GB capacity option. Avoid 16GB at all cost, pick 64GB whenever possible, or go iPhone 6s/Plus if you need 128GB.

My last two iPhones (iPhone 6, and iPhone 6s Plus) have both been 128GB, but services like Apple Music and iCloud Photo Library make 64GB more comfortable; 128GB is preferred for extended time offline, however.

Color

Since Apple discontinued the iPhone 5c, the whole lineup has consisted of aluminum and glass builds. The iPhone 6/Plus and iPhone 6s/Plus all have full-metal backs while the iPhone SE has the same mostly-metal back with rear-glass near the top and bottom. All iPhone models offer space gray or silver options, but you’ll want the iPhone SE or iPhone 6s/Plus if you want gold or rose gold. The iPhone 6/Plus was originally offered in gold (and never rose gold), but Apple slimmed down the offering after the first year.

Screen

Screen size obviously varies with the 4-inch iPhone SE, 4.7-inch iPhone 6/6s, and 5.5-inch iPhone 6/6s Plus, but there are other display differences as well. For example, only the iPhone 6s and iPhone 6s Plus feature pressure-sensitive 3D Touch displays, which let you interact with iOS in more efficient ways. Bigger screens also have higher resolutions, and the Plus-sized iPhones have a higher pixel-per-inch count at 401 ppi compared to the medium and small models at 326 ppi.

Contrast ratio also varies between models: expect 1400:1 contrast ratio on iPhone 6/6s, 1300:1 on iPhone 6/6s Plus, and a mere 800:1 on the cheaper iPhone SE. The iPhone SE also lacks dual-domain pixels which offer wider viewing angles. Only the iPhone 6s and iPhone 6s Plus features Apple’s new Taptic Engine for greatly improved vibrations, which will be missed for anything moving from a 6s-series iPhone to the SE-series iPhone.

Power

Expect to see benchmark score comparisons when the iPhone SE hits stores, but for now the iPhone SE is on par with the iPhone 6s and iPhone 6s Plus thanks to its A9 chip; the iPhone 6 and iPhone 6 Plus use 1.5 year old A8 chips. The embedded M9 chip is found on the SE, 6s, and 6s Plus, which enables features like always-on Hey Siri.

This means the $400 iPhone SE is faster than the $550 iPhone 6. Other variances like clock speed and RAM have yet to be revealed, but Apple set the iPhone SE up for success by including the A9 chip over the A8 chip.

Touch ID

All models have the Touch ID fingerprint sensor for unlocking the iPhone and authenticating purchases in apps and through Apple Pay, but Apple’s website confirms that only the iPhone 6s and iPhone 6s Plus use the second-generation Touch ID sensor, which is faster and more reliable. Sorry iPhone SE fans, but the $250 savings should help and the first-generation Touch ID wasn’t bad; it’s still being used on all iPads too.

Everything Else

The iPhone SE is the only model in the current lineup without a barometer, which is used to track flights of stairs climbed among other things. It also lacks Display Zoom, which the larger iPhones have as an option to make iOS appear larger and easier to see (at the expense of being less sharp). But it’s also the most pocketable iPhone with a 4-inch display versus the 4.7-inch display and 5.5-inch display on the rest of the lineup.

Smaller also means lighter: the iPhone SE comes in at 3.99 ounces, the iPhone 6 at 4.55 ounces, iPhone 6s at 5.04 ounces, iPhone 6 Plus at 6.07 ounces, and iPhone 6s Plus at 6.77 ounces. The smaller, boxier design makes it the thickest iPhone, though, at 7.6 mm; the iPhone 6s Plus is next at 7.3 mm, the iPhone 6s and iPhone 6 Plus are tied at 7.1 mm, and the iPhone 6 is the thinnest at 6.9 mm.

The iPhone SE is also the most one-hand friendly model in the family; it measures 4.87 inches tall by 2.31 inches wide. Compare that to the iPhone 6 and 6s at 5.44 inches tall and 2.64 inches wide. The big-screened iPhone 6 Plus is 6.22 inches tall and 3.06 inches wide while the iPhone 6s Plus is the same height and barely wider at 3.07 inches. Choose wisely!

Personally, I’m most interested to put the iPhone SE camera to the test against my iPhone 6s Plus. Pre-orders start this Thursday, March 24th, with units hitting stores next Thursday, March 31st. The upgrade from any 4-inch iPhone should be substantial considering the mix of modern specs. 9to5Mac will have full coverage including hands-on and reviews, so stay tuned.